support each other. i) Customer and Distribution Channel – NDR and FKRMM’s major customers are called as replacement market (replacement market means motorcycle riders who change tire and tube in order to
days 66 69 72 Cash Conversion Cycle days 84 81 75 Finanial data and profitability ratios Sales revenues million baht 53,067 49,224 46,887 %change (%) 7.8% 5.0% (0.11%) Gross profit million baht 12,123
sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help
consolidated EBITDA in 1Q2020 was THB 751. 67 million, increased by THB 147.95 million or 24.51% up from 1Q2019. Financial Highlights 1Q 2020 1Q 2019 Change THB million % Sales THB million % Sales THB million
Discussion & Analysis Q2/2021 Operating Highlights in Q2/2021 Q2/20 Q2/21 Change +/(-) 1H/20 1H/21 Change +/(-) (THB million) %YoY %YoY Operating Revenue 144 137 (5%) 363 317 (13%) Gross Profit 79 77 (3%) 216
Discussion & Analysis Q3/2022 Operating Highlights in Q3/2022 Q3/21 Q3/22 Change +/(-) 9M/21 9M/22 Change +/(-) (THB million) %YoY %YoY Operating Revenue 115 246 114% 431 674 56% Gross Profit 60 159 165% 242
Summary Significant Event Operating Highlights in Q4/2023 Q4/22 Q4/23 Change +/(-) 2022 2023 Change +/(-) (THB million) %YoY %YoY Operating Revenue 264 317 20% 938 1,217 30% Gross Profit 166 206 24% 592 789
(replacement market means motorcycle riders who change tire and tube in order to replace the old one due to tire/tube damage or tire wear). NDR’s product will be distributed in Thailand under ND Rubber brand
objection in writing within fifteen days from the date of receiving such notification, the custodian may proceed with changes of such operation system. In case where it is necessary to change the operation
case where it is necessary to change the operation system immediately, the custodian may notify to the Office and request for the outcome of the consideration before the period of fifteen days